Asked by lilbrenn, Pflugerville, TX • Sun Nov 11, 2012
the house. the owner hired a realtor to assist in the sale of the house and the realtor assured me that I wouldn't have to move that the new owners wanted to continue leasing to me and would be by right after closing to meet with me and do a new lease. I later (about three weeks) I received a call while at work from the buyer's agent informing me with apologies that this buyer closed on the sale of the house and was purchasing under an FHA loan the agent stated that he didn't realize until that day that the guidelines under FHA state that all FHA loan are unwritten for buyer occupancy... I knew that wasn't true if he was a real realtor/agent this is a given immediately when the loan is requested. My question is is it legal to pay rent to this new buyer in any way form or fashion or will this breach his loan and will I also be illegally leasing property. This new owner came by asking for rent... I am afraid that without documents Icould pay him today and be evicted tomorrow... please
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